The problem with interest

This book builds upon the author's practical experience in providing a commentary on the state of modern banking and finance. In what many will find to be a new approach to the economic problems of our time, a description is given in clear and accessible terms of the extent to which interest now affects humanity. Central to the work is a discussion of the modern_x000D_ monetary system, wherein a passionate case is made for reform. In particular, the privilege that commercial banks enjoy to manufacture money and lend it at interest is regarded as a most important cause of economic injustice. With regard to the new 'Islamic financial market', some searching questions are asked of the practices that are currently in vogue and an_x000D_ alternative banking model is proposed._x000D_